Jobs · Business Development · Texas

Commercial and Market Risk Director - Renewables

ENGIE North America Inc. · Houston, TX · 2 mo ago
Business Development$155k–$238k/yrFull-time

About the role

As the Director, Commercial & Market Risk (Renewables), you will serve as a trusted advisor to senior leadership, leading the assessment of market opportunities and risks across one of North America's largest and fastest-growing renewable energy portfolios. You will guide portfolio optimization, support investment and contracting decisions, and influence strategies that balance risk and return while advancing ENGIE's growth objectives.

Based in Houston, TX, you will partner closely with teams across Energy Management, Asset Management, Origination, Trading, Finance, and Development to identify revenue opportunities, evaluate market exposures, and enhance asset value throughout the lifecycle of our renewable energy investments.

Responsibilities

  • Commercial Strategy & Value Creation
    • Lead commercial strategies that maximize the value of ENGIE's renewable portfolio, including power purchase agreements (PPAs), PPA renegotiations, battery storage monetization, load-serving opportunities, grid-enabling technologies, renewable energy credits (RECs), capacity products, and tax credit transfer activities
    • Oversee the management and optimization of uncontracted environmental and capacity attributes, including REC certification and audit activities, to enhance portfolio performance and revenue generation
    • Partner with ENGIE's trading organization to develop and execute revenue optimization strategies that balance market opportunity and risk across operating assets
  • Market Risk Management
    • Establish and oversee the annual market risk framework for ENGIE's renewable portfolio, ensuring risks are identified, evaluated, and managed in alignment with business objectives
    • Provide commercial and market risk guidance for new investments, development opportunities, and power purchase agreements, recommending risk mitigation strategies that support long-term value creation
    • Review and challenge market strategies, assumptions, and hedging approaches to ensure risk-adjusted portfolio performance while maintaining strong alignment with ENGIE's Global Energy Management and Supply organizations
  • Leadership
    • Lead, develop, and empower a high-performing team by fostering an inclusive culture built on collaboration, accountability, continuous improvement, and professional growth
    • Build trusted relationships across ENGIE and with external stakeholders, serving as a strategic partner who influences decision-making and drives results
    • Set clear priorities and create an environment where team members can deliver impactful work while maintaining a healthy and sustainable work-life balance

Requirements

  • Bachelor's degree in Finance, Business, Economics, Engineering, Environmental Studies, Business Administration, or a related field
  • Minimum 10 years of experience in the power, energy, or renewable energy industry, including demonstrated knowledge of power plant operations, asset economics, and commercial market activities
  • Demonstrated expertise in wholesale power markets, market risk assessment, and risk mitigation strategies, with the ability to translate market insights into commercial value creation opportunities
  • Experience developing and executing commercial strategies, evaluating new business opportunities, and driving portfolio optimization initiatives within a complex energy environment
  • Understanding of renewable energy project finance structures, including tax equity, cash equity, debt financing, and the commercial considerations that influence asset performance
  • Knowledge of project and partnership agreements, including PPAs, LLCAs, joint venture agreements, operations and maintenance agreements, and other commercial contracts supporting renewable energy assets
  • Effective verbal and written communication skills, with the ability to build trusted relationships, influence stakeholders, and collaborate across diverse internal and external teams
  • Proactive, analytical, and detail-oriented approach with a demonstrated ability to evaluate complex problems, identify opportunities, and deliver results
  • Passion for advancing renewable energy solutions and supporting the continued growth of a lower-carbon energy future
  • Experience with data analytics, programming, or quantitative tools such as Python, Databricks, or similar platforms

Schedule

This role is eligible for our hybrid in-office work policy and is not eligible for fully remote work. Must be available to travel domestically up to 20% of the time and with the need for some overnight trips.

Pay

Salary Range: $155,200 – $237,935 USD annually. This represents the average expected pay range for a qualified candidate. ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

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